Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

My Bat from team aphid trades 82 replies

The BAT Method - The EA 186 replies

BAT system for 15 min chart 28 replies

BAT indicator 2 replies

The BAT mathematical formula for lines? 0 replies

Attachments: The Bat...a strategy by Team Aphid
Exit Attachments

The Bat...a strategy by Team Aphid

I have the ae up and running but not long enough to take a trade. However, I did do a back test a few months and the ae started out great but came back and wiped out a 10k balance. An earlyier post stated to get rid of trade 2 and 3 and it will be profitable. I here the manual trading is doing well. Will try and see what happens.
hello,

Does anyone know if there is a way to have the BAT indicator provided by team Aphid send an email when price reaches either of the BAT lines?

thanks,

CFII
Attitude + Power = Performance
Quoting CFII
hello,

Does anyone know if there is a way to have the BAT indicator provided by team Aphid send an email when price reaches either of the BAT lines?

thanks,

CFII
I know metatrader can email you when a pair reaches a specific price level, but when bat line it hit, you will have to program it.
Contact me for Custom Indicators/EAs.
Quoting bossxero
Hi All,

I just found this thread and let me say, its awesome!! Big thanks go to Team Aphid for developping AND SHARING this strat for free with us. While reading ant backtesting this strategy, it remind me of another good strategy which is also very good BUT hard to manage, as you need to be constantly monitoring the trades. Of course am talking about the ICWR Trading System.

So.. Both are very good strat but you need to be very disciplined and not try to bend the rules ELSE it won't work as expected.

All the best and THUMbS UP.
I know there is a forum dedicated specifically to ICWR and moderated/Admin by TraderSeven which has been set-up for the sole purpose of discussing ICWR and nothing else. All other threads get deleted, so if you are really keen on ICWR, go on over and register and Tony will approve you when he has some time, he checks in at least once a day.
http://icwr.ovenstone.net
KaMpeR
hi Team Aphid,
you mentioned that you are trading modified BAT now. Will you share here what your tweaks are or this is a part of your commercial project now?
thanks.
Quoting stewartr
Hello Accrete,
Thanks for the bat-line-alerts.
Where did you get that sexy voice from?

Do you know if anyone has found a way to have your audio alert 'move' with the bat line as it trails the trend? At the moment you have to manually drag the blue-bat-line-alert to the price......but if you are away from your desk the bat-line may move but your bat-alert remains in place.

Thanks and good trading to you.
Stewartr

Yes I too would like to know if anyone can add an alert to the Bat line itself instead of manually moving the line as the bat-line moves. Especially helps when you're not at the charts.
Hello all

Is anyone still currently trading the system and is it still working for you?

Happy Pippin'
KC
Hi friends
it seems hard to look for improvements to a system thatīs proven profitable.
At first I thought that taking profits on Trades 2 /4 goes against the mathematics of letting profits run.
BUT it saves the day on range bound markets, which are more than likely to happen .Statisically trends occur more seldom than range bound markets...probably the reason why the majority loose.
On profit taking for trade 1: I would take profit at double risk, if you look at most charts, you seldom get a better result waiting for the BAT Stop to hit.
Congratulations.
One of the best summaries Iīve read. Obviously a clear understanding of the challenges...MM being number one...in the end, you may only get a thin "edge", but any mistake will wipe it out...not easy but still possible...
Like anything in life, being aware is the answer.
Quoting kc8flq
Hello all

Is anyone still currently trading the system and is it still working for you?

Happy Pippin'
KC
I incorporate it into my system & it works well for me. I trade on H1 & H4. I reset ATRperiod= 3, facor=2, good for scalp on H1. I reset because my account is too small.
Hi, is anybody still using this? I have been manually backtesting the bat over the last 6months of gbpusd m15, with default settings other than the time period, and results have been great. It seems strange to me this thread has died so to speak......
I'd appreciate it to confront the results if anybody is interested.
Wendy
hello guys,

What about the aphid Team ?

the system is always traded ?

is sombody use it with real money ?

it seems to me intresting ..
Very interesting thread. Thanks Team Aphid for sharing it with us. I am trying to find to trade this system without the indicator, manually on a different platform then Metatrader. If i understand it correctly, all we do is multiply the current Atr5 value with 4, and use the result as our Stop, which is also our next reversal signal..Am i missing here something, or did i get this right?
Why has this thread died out ?

I actually had a really long post written out on this but my goddamn internet crashed and I couldn't post it.

Here's a summary of what I said:

Across the majors in the last month this system made over a thousand pips with an expectancy of around 1.30. If you add a simple filter and trade with the trend you increase this.

I tested GJ since the start of the year, trading the basic BAT entry has an expectancy of 1.25, taking every trade presented. However if you add a simple filter to trade only with the trend you increase expectancy to 2.32.

I tested EU since the start of the year with the filter, we are looking at an expectancy of 3.39. If 1% was risked on each trade the result would be +22.6% in six months, an average of a 3.6% increase a month.

I have taken spread into account with the above systems.

This system has an edge because:

1) It automatically cuts losses short and lets winners run.
2) It capitalises on the inherent volatility in the currency markets.

Is there any programmer / Anyone interested in reviving this thread/programming an EA for this system.

I believe if one were to add a simple trend filter (No over optimisation needed here) that this is a fully automated and mechanical system that would generate profit over the long term.

Jig.
Quoting Jigsaw
Why has this thread died out ?

I actually had a really long post written out on this but my goddamn internet crashed and I couldn't post it.

Here's a summary of what I said:

Across the majors in the last month this system made over a thousand pips with an expectancy of around 1.30. If you add a simple filter and trade with the trend you increase this.

I tested GJ since the start of the year, trading the basic BAT entry has an expectancy of 1.25, taking every trade presented. However if you add a simple filter to trade only with the...

Hey Jig,
Agreed, I think better not use MT4 though jforex dukascopy's programable platform would be better . there is a good tester with proper tick data too.I would be interested to form up a team and have been meaning to learn programming....how hard can it be.
Had my interest spiked by automated trading recently. we could hire someone in also.....
I liked the bat from the start v elegant system.
Si
GOD IS NOT SHORT OF CASH
Actually I had this point in the original message I wrote.

I totally excluded the original BAT idea of entering on the retrace of a fibonacci drawn from the swing high/low to the BAT. You know those enter at 2 and 3 trades as outlined in the original BAT pdf.

I don't know how Team Aphid came up with the idea in the first place, but it personally makes no sense to me why that would be profitable, there's no reason for anybody to be looking at those specific fibs and therefore no orderflow builds up at those levels.

Jig.
It's an excellent system, as is, in my opinion. I wouldn't clutter it up with filters.

I traded it for about a month, and took every trade.

Trading it manually will run you nuts. You have to watch it almost every minute of the day. Pending orders have to be continually revised and costly mistakes are inevitable.

There was/is an EA for this system, that didn't work (no surprise there).
Quoting Swami S
Hey Jig,
Agreed, I think better not use MT4 though jforex dukascopy's programable platform would be better . there is a good tester with proper tick data too.I would be interested to form up a team and have been meaning to learn programming....how hard can it be.
Had my interest spiked by automated trading recently. we could hire someone in also.....
I liked the bat from the start v elegant system.
Si
Oh hey Swami !

Yeah my interest with automated trading has been spiked lately also, I mean if I spend 14/16hours watching the markets a day I don't really need to be staying awake during Asian session just to trail goddamn stops when a simple EA that would "close y above/below line x" would suffice ! . There's a load of other simple things I would love to have automated just to make my trading day easier.

Aside from that I also believe there are simple mechanical edges to be obtained in the forex market and other markets, most of which I believe will be in the market as long as they exist due to microstructure and the inherent nature of the markets as generated by the participants.

I've also been meaning to learn programming for these reasons, I mean I spend enough time around the PC monitoring trades anyway so I could use some of that time to learn programming instead of wasting time. And as you rightly said: How hard can it be.

I concur that we should form a team, I reckon I would rather learn programming myself than hire somebody else as I like being self sufficient and "understand" what is going on, also I reckon it could be an interesting hobby :nerd: That being said I wouldn't rule out paying a programmer, as I am currently working with a programmer to automate another system of mine anyway .

I will look into the Dukascopy JForex as I am unfamiliar with it, I also agree with you about the simple nature of the BAT.

Best regards,
Jig

Also check your PM's

EDIT - You don't have PM's enabled, can you enable them/contact me. Thanks
Quoting billbss
It's an excellent system, as is, in my opinion. I wouldn't clutter it up with filters.

I traded it for about a month, and took every trade.

Trading it manually will run you nuts. You have to watch it almost every minute of the day. Pending orders have to be continually revised and costly mistakes are inevitable.

There was/is an EA for this system, that didn't work (no surprise there).
Bill, Firstly I agree it is profitable as it is, I have visually backtested it for a while and it seems to consistently achieve positive expectancy after you take spread into account. Trade it over a variety of currency pairs and other markets and that equity curve can be smoothed, for example GBPUSD was -400pips or so for the last month but the other currency pairs made up for this.

When I say filter I mean a simple automatic trend defining indicator, a simple 21ema 50sma cross from a higher timeframe would do the trick in my humble opinion. I don't want to get into optimising etc but something trend defining from a higher timeframe would improve expectancy.

2ND EDIT : Reading this back this seems rather arrogant of me which I do not mean to be, from reading Team Aphids posts they obviously backtest everything thoroughly, know what they are talking about and have probably tried this idea already, but from my initial (albeit relatively small in timescale) backtests a filter improves expectancy. I will manually backtest more tomorrow.

Although I see from the earlier posts in the thread especially the post/posts made by hanover and Team Aphid that they tried to filter out trades but by doing so what happens is you indeed do filter some losses but you also filter out big winners. My initial thoughts were that a filter would help immensely however I would like to see what the results would be on years on the 1HR on years like 2003 and 2006.

I saw the thread where the EA was going to be programmed and where no programming was achieved, it was strange to me that no success was achieved considering there's usually people programming all sorts of terrible ideas around this sub forum .

Just a few questions if you don't mind, What do you think of the number 2 and 3 entries as outlined originally ? Did you use them ?

I assume you stuck to the 1HR timeframe ? Thanks in advance.

Regards,
Jig.

EDIT - I agree with the "run you nuts" of trading something like this manually, It's like my trailing stops, it can't be that hard for me to help myself program a two bar stop ala the Turtles and stop having to look at charts and move stops every 15Mins. I actually use the BAT for trailing stops on various systems as well, except I use a close above/below instead of the "touch"
Quoting Jigsaw
Bill, Firstly I agree it is profitable as it is, I have visually backtested it for a while and it seems to consistently achieve positive expectancy after you take spread into account. Trade it over a variety of currency pairs and other markets and that equity curve can be smoothed, for example GBPUSD was -400pips or so for the last month but the other currency pairs made up for this.

When I say filter I mean a simple automatic trend defining indicator, a simple 21ema 50sma cross from a higher timeframe would do the trick in my humble opinion....
I liked the 2nd and 3rd trades. They did what they were designed to do- return profits if price started ranging. They seemed to work, for that purpose.

There was a Bat EA thread. There was an EA. I tried it on a demo platform. It didn't follow the rules. That thread and EA is around somewhere.
0 traders viewing now